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....with no appetite and the excessive selling were always red flags and despite my intuition with this dog i still hung on in there as i still hoping for the best ...... as always!
20p T/O would be a blessing right now
Shares being scooped up in the 6s. Drop overdone as per usual?
Nope LW
Just being completely manipulated as usual
Goonerpete don,t worry even a dog has its day. MM's making a bob or two as usual. As I said before ride the storm its nothing we haven't seen before The fundamentals are still good and this was only an exploratory bonus.
There will be zero appetite to hold into second drill imo likely. 5.5p on second drill spud.!
These shares were 20p before we even had on-shore. These results obviously very disappointing but Anchois is the cream and not long to wait. I have added more at 6.65p
Yes - see where we settle on this Loukos drilling campaign (if the second prospect is also a duster) and then rebuild for Anchois, which remains the main event.
Hi ant
With sentiment so thin or even non existent this was the last thing we needed.
I would expect us to go into the next drills in the 5's if we are lucky.
I knew we would be punished even though we still have "potential"
Equally, it wouldn't surprise me to see this bounce back into the 7s. Just need to let the dust(er) settle...
Hi Goonerpete I thought today was looking good at first...ZPHR/ AEX and CHAR all up but never seem to get all the ducks in a row Nevermind "2 out of 3 aint bad" as they say and this will soon rebound have no fear.
Ant I can't see this rebounding unless we get an offer to take the whole thing
Goonerpete Off shore is key and the rest of the portfolio If the next onshore drill is successful today will be forgotten. When offshore drilling campaign starts it will be a thing of the past. They have multiple zones to explore you cant win them all.
Ant i get that and as always said the potential is there just the appetie is not.
Without sentiment and buying you and I will never be in profit. We can believe as much as we like
The only thing that can drag us out of this is t/o and unfortunately it will be lowballl
I think NewK suggested 18p. I would bite their hand off at that price!
Maybe Loukos was an unnecessary risk to take at this stage. The current share price will likely now have priced in a duster at this next prospect, and give us a floor for it. There will then be buying appetite again, because the shares are dead cheap for Anchois. Even a low ball TO at 18p would represent a decent return from these levels. Remember how many AA scooped up at much higher levels? Have to play the long game with Chariot, and Q3 isn't all that much longer to wait.
You are not telling me that buyers won't be back here for the Q3 drill. It's massive.
Goonerpete where would we be without a little controversial excitement in our lives. I was pleased with Clon today and still am even though its come off its highs for the day. As you get older you you do appreciate the AAL's and RR.'s of this world but they will never give the same satisfaction as when the small caps get it right. I detect a note of despondency chin up its still all to play for. I'll wait for the rebound which from 6.22 is occurring and look forward to ZPHR taming the monster they are drilling into and AEX signing off their licence...the latter is 8 trillion cubic feet already to go.